Having a significant amount of inventory on your balance sheet can be costly. The costs associated with inventory include warehouse expenses, employee salaries, insurance, taxes, transportation, depreciation, and shrinkage. In
Most organizations would agree that their employees are their most valuable assets. If your organization feels the same way, it’s logical to assume that one of your most critical obligations
While a will or revocable trust may be at the core of your estate plan, a considerable portion of assets often sidestep these conventional estate planning tools. Instead, individuals frequently
It’s advisable for organizations, regardless of their size or structure, to invest in insurance options to mitigate operational risks. However, insurance is not without its own risks. There’s a possibility
Current donations are possibly your non-profit’s bread and butter, but you can’t afford to neglect planned, legacy, or deferred gifts. Typically made through wills and living trusts, these gifts often
If you donated to charity in 2023, acknowledgment letters from the organization(s) may have already arrived in the mail. If you haven’t received any letters, however, can you still claim
Even without the threat of fraud, the restaurant business is tough. With typically slim profit margins, you can’t afford to lose any amount to fraudsters. Therefore, you should take steps
Generally, an employer will spend less money trying to improve an employee’s performance than it would firing the employee and hiring a replacement. This is, of course, unless the worker
Effective financial reporting is essential for organizations seeking funds for ongoing operations and strategic investments. Prior to extending financial support, lenders and investors typically review an organization’s financial statements. Providing
Receiving an inheritance is usually welcomed by individuals, but there are possible situations when you might not want one. In such an instance, a qualified disclaimer is used to decline
